DBS Bank India strengthens its presence in Puducherry

Branch in Rangapillai Street was inaugurated by the Honourable Chief Minister of Puducherry, Shri N. Rangasamy

DBS Bank India operates ~260 branches across Tamil Nadu, including four branches in the Union Territory of Puducherry. The 3,200 sq. ft. branch in Rangapillai Street, relocated from the erstwhile Puducherry branch, is centrally located in the city's heritage and commercial district. Serving customers across White Town and adjacent areas, the branch offers access to a comprehensive suite of retail, wealth management, SME and business banking offerings. The branch was inaugurated by the Honourable Chief Minister of Puducherry, Shri N. Rangasamy.

The branch reflects DBS Bank India's focus on making banking more convenient and accessible through thoughtfully designed contemporary banking spaces, combining digital capabilities with personalised relationship management for individuals, entrepreneurs, professionals, SMEs, traders and affluent customers.

Puducherry is an important market for DBS Bank India, supported by a strong SME ecosystem spanning manufacturing, trade, tourism, healthcare and education. The region is witnessing growing demand across retail, wealth and SME banking as individuals and businesses seek more sophisticated financial products and services to support their aspirations.

Sudarshan Chari, Managing Director and Head, National Distribution, DBS Bank India, said, "Puducherry is home to a diverse and evolving customer base, from salaried professionals and entrepreneurs to SMEs, affluent individuals and the NRI community. We are seeing increasing demand for integrated offerings that support customers across their personal and business journeys, from everyday banking and wealth creation to business expansion and cross-border requirements.

The branch in Rangapillai Street is strategically located in one of the city's key commercial districts and will help deepen our engagement in the market. Together with our digital capabilities, it enables us to deliver a seamless experience while providing access to the full breadth of DBS' offerings across retail, wealth and business banking."

Recognised as Asia's Safest Bank by Global Finance for 17 consecutive years (2009-2025), DBS combines regional expertise, digital innovation and a deep understanding of local customer needs, built on more than three decades of experience in India.

A key differentiator is DBS Bank India's wealth continuum model, which supports customers across every stage of their financial journey. Through DBS Aspire, DBS Treasures and DBS Treasures Private Client, the bank serves emerging affluent, high-net-worth and ultra-high-net-worth segments with personalised wealth offerings, dedicated relationship management and digital capabilities.

• DBS Aspire caters to customers with a Total Relationship Value (TRV) of ₹10 lakh or a minimum monthly savings account balance of ₹2 lakh. Benefits include zero forex mark-up on the Aspire debit card and savings account interest rates of up to 5% per annum on balances between ₹2 lakh and ₹50 lakh.
• DBS Treasures serves customers with a TRV of ₹30 lakh and above, while DBS Treasures Private Client caters to ultra-high-net-worth individuals with a TRV exceeding ₹6 crore.

For the globally connected community, DBS offers an NRI banking proposition, including remittances, wealth and investment products, and FCNR(B) deposits. DBS Bank India currently offers interest rates of up to 5.6% per annum on USD FCNR(B) deposits for tenures ranging from three to five years. Eligible NRIs can also open accounts digitally from overseas.

Gold loans are also witnessing strong demand in Puducherry. Leveraging DBS' strengths in digitalisation, robust risk management practices and stringent safety protocols, the bank offers agricultural and non-agricultural gold loans tailored to different customer segments. Borrowers can choose from flexible repayment options aligned to their cash flow requirements.

Customers can access a range of everyday banking and investment options through the digibank app, including digital account opening and DBS DigiPortfolio, an investment platform that combines human expertise with technology to make investing simple, convenient and intuitive through ready-made portfolios.

Puducherry's strong entrepreneurial and MSME ecosystem presents significant opportunities across business banking. DBS Bank India offers a comprehensive suite of financing and transaction banking services tailored to the needs of small and medium enterprises, including Loan Against Property (LAP), overdraft facilities and loans under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme. Businesses can also access working capital financing, trade finance, cash management, foreign exchange, payroll and transaction banking services, supported by digital platforms such as DBS IDEAL, helping them manage operations efficiently and pursue growth opportunities in India and overseas.

About DBS

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia, and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. In 2025, CRISIL Ratings reaffirmed its ‘CRISIL AAA/Stable’ rating on the corporate credit facility of DBS Bank India Ltd (DBIL). The rating on the certificate of deposits programme was also reaffirmed at ‘CRISIL A1+’. 

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney, and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025. DBS Bank India was recognised by CRISIL - Coalition Greenwich as the Best Bank for Corporate Banking and Best Bank for Corporate Cash Management in India in 2025. In the same year, Euromoney also named DBS Bank India the Best Digital Bank for SMEs in India.  

As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. 

DBS Bank has been present in India for more than 30 years, opening its first office in Mumbai in 1994. DBS Bank India Limited is the first among the large foreign banks in India to start operating as a wholly owned, locally incorporated subsidiary of a leading global bank. As a trusted partner, DBS provides a range of banking services for large, medium, and small enterprises and individual consumers in India, focusing on a seamless customer experience that helps them ‘Live more, Bank less’. In November 2020, Lakshmi Vilas Bank was merged with DBS Bank India Limited. DBS Bank India is now present in ~350 locations in 19 Indian states. 

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience. 

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com. 

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